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Federal BankFixed deposit

Federal Bank NRE Deposit Plus

Federal Bank’s non-callable NRE Deposit Plus for high-value NRE term deposits, using a separate premium rate ladder in exchange for giving up ordinary premature-withdrawal flexibility.

First-party evidencePublished researchReviewed September 10, 2026Active
Current rate evidenceNRE Deposit Plus rates effective 17 August 2026 run from 6.35% at 1 year to 6.85% at 48 months for the reviewed below-₹3-crore band.
Currency / amount / tenureMinimum amount is ₹1,00,00,001 and minimum tenure is 12 months under the current first-party schedule.
Premature withdrawal / liquidityPre-closure is not allowed under standard NRE Deposit Plus terms; the deposit therefore carries a materially different liquidity profile from ordinary NRE FDs.
Deposit-state / funding ruleThis is a distinct non-callable NRE product, not merely a higher headline rate on Federal’s callable NRE Fixed Deposit.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

3 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current rate evidenceNRE Deposit Plus rates effective 17 August 2026 run from 6.35% at 1 year to 6.85% at 48 months for the reviewed below-₹3-crore band.
02 · Currency / amount / tenureMinimum amount is ₹1,00,00,001 and minimum tenure is 12 months under the current first-party schedule.
03 · Premature withdrawal / liquidityPre-closure is not allowed under standard NRE Deposit Plus terms; the deposit therefore carries a materially different liquidity profile from ordinary NRE FDs.
04 · Deposit-state / funding ruleThis is a distinct non-callable NRE product, not merely a higher headline rate on Federal’s callable NRE Fixed Deposit.
Exact product-type evidence

Fixed deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Comparable tenure points

Rate anchors you can compare without reading a headline maximum.

Only tenure points directly represented by the reviewed bank schedule are stored. We do not interpolate a rate between published bands.

Research matrix: Tenure; General; Eligible senior
TenureGeneralEligible senior
1 year6.35%
15 months6.75%
2 years6.50%
3 years6.60%
4 years6.85%
5 years6.50%

Rate basis: Federal Bank NRE Deposit Plus non-callable schedule effective 17 August 2026; NRI senior addition excluded. · Effective/reference date: August 17, 2026

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 12, 2026
NRE Deposit Plus effective 17 Aug 2026: 6.35% at 1y, 6.75% at 15m, 6.85% at 48m in the reviewed below-₹3Cr band.

Federal Bank NRE Deposit Plus non-callable schedule effective 17 August 2026; NRI senior addition excluded.

Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current rate evidenceNRE Deposit Plus rates effective 17 August 2026 run from 6.35% at 1 year to 6.85% at 48 months for the reviewed below-₹3-crore band.
Currency / amount / tenureMinimum amount is ₹1,00,00,001 and minimum tenure is 12 months under the current first-party schedule.
Tax / repatriation / payoutNRE tax/repatriation treatment plus a premium non-callable rate ladder, with reinvestment effective-annualised-return material published separately by the bank.
Premature withdrawal / liquidityPre-closure is not allowed under standard NRE Deposit Plus terms; the deposit therefore carries a materially different liquidity profile from ordinary NRE FDs.
NRI / PIO / OCI eligibilityEligible NRE depositors under Federal Bank KYC and NRE deposit rules; non-resident customers do not receive the resident senior-citizen addition.
Deposit-state / funding ruleThis is a distinct non-callable NRE product, not merely a higher headline rate on Federal’s callable NRE Fixed Deposit.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

NRE depositors with more than ₹1 crore who are certain they can hold to maturity and want to compare the premium non-callable ladder with Federal’s ordinary callable NRE FD.

Verify before relying
  • Minimum funding exceeds ₹1 crore.
  • Pre-closure is not allowed under the standard product.
  • Do not copy resident senior-citizen additions onto the NRE rate.
  • The rate premium should be valued against the loss of liquidity.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.